DIAMONDS: Continued success for Kennady in NWT

NORTHWEST TERRITORIES – Kennady Diamonds of Toronto continues with delineation-infill drilling at its Kennady North diamond property next to the Gahcho Kué mine, and the results are more than encouraging.

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NORTHWEST TERRITORIES – Kennady Diamonds of Toronto continues with delineation-infill drilling at its Kennady North diamond property next to the Gahcho Kué mine, and the results are more than encouraging.

The most recent success is at Kelvin where drilling returned 92 metres of kimberlite. The company is preparing a maiden resource estimate to be available by the end of the year. The infill  holes are also providing geotechnical and hydrological data that will be used in planning a mine at the Kelvin kimberlite.

Last week a 2x3-mm macro-diamond was discovered in core from Kelvin hole 047. Kennady Diamonds CEO Patrick Evans said, "It is exceptionally rare to find a macro diamond in drill core during logging and this is the second time that our geologists have made such a find."

The first diamond was found in August 2014 during logging of core from the Kelvin kimberlite. That stone was described as a 0.94 ct white-/colourless transparent octahedral twin with etched trigons.

Drilling also continues at the Faraday 2 kimberlite to delineate the lower portion of the pipe. Although the intersections are shorter than those nearer the surface, the company said the Faraday 2 kimberlite appears to change strike direction from the southeast to northeast. So far it has been delineated for more than 240 metres.

Kennady announced the diamond recovery results from the north lobe of the Faraday 2 kimberlite a week ago. The sample was small, 930 kg, but it returned a grade of 1.93 ct/tonne for commercial sizes.

The company hopes to identify a resource along the Kelvin-Faraday corridor of 12 million to 15 million tonnes of kimberlite at a grade of between 2.0 and 2.5 ct/tonne. Visit www.KennadyDiamonds.com to enjoy photos of the camp and the larger recovered diamonds.

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